[[{“value”:” The announcement comes as Meta CEO Mark Zuckerberg maintains the company’s ambitious AI strategy, which will require hefty capital investments in data centers. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Stablecoins are finding product market fit in emerging markets
[[{“value”:” Five years ago, SpaceX launched Starlink, which has since grown into its biggest revenue driver, expanding to over 100 countries. But as Starlink scaled, it faced a major hurdle: accepting payments in developing markets, where traditional banking infrastructure is unreliable, slow, and prone to blocking transactions. Many local banks across Africa, Latin America and Asia […] © 2024 TechCrunch….
This investor wants you to sign an NDA to build Legos together
[[{“value”:” Investor, former GitHub CEO, and all around Tech Guy™ Nat Friedman has posted a strangely enticing offer on X. His post reads, “Need volunteers to come to my office in Palo Alto today to construct a 5000 piece Lego set. Will provide pizza. Have to sign NDA. Please DM.” Thanks to the investigative reporting of […] © 2024 TechCrunch….
Sam Altman’s ousting from OpenAI has entered the cultural zeitgeist
[[{“value”:” The lights dimmed as five actors took their places around a table on a makeshift stage in a New York City art gallery turned theater for the night. Wine and water flowed through the intimate space as the house — packed with media — sat to witness the premiere of “Doomers,” Matthew Gasda’s latest play […] © 2024 TechCrunch….
OpenAI launches o3-mini, its latest ‘reasoning’ model
[[{“value”:” OpenAI on Friday launched a new AI “reasoning” model, o3-mini, the latest in the company’s o1 family of reasoning models. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Swiss tax authority forced to buy Bahamas domain name after URL typo
[[{“value”:” What do you do if a web address you printed on a physical flyer contains a typo, and you send that flyer to more than 100,000 households? Well, if you’re the Swiss canton (“state”) of Basel-Stadt, you buy the domain that contains the typo, and create a redirect to the correct URL. As Swiss news […] © 2024 TechCrunch….
Microsoft is forming a new unit to study AI’s impacts
[[{“value”:” Microsoft says that it’s creating a new unit, the Advanced Planning Unit (APU), within its Microsoft AI business division that will help the company understand the societal, health, and work implications of AI the company hopes to build. Microsoft AI, which encompasses Microsoft’s Copilot, Bing, and Edge products, is becoming core to Microsoft’s growth strategy […] © 2024 TechCrunch….
Custom feed builder Graze is building a business on Bluesky, and investors are paying attention
[[{“value”:” A startup called Graze, which lets you build your own feeds for the Bluesky social network, has caught investors’ attention. In addition to offering tools to easily build, customize, publish, and manage Bluesky feeds, Graze will soon allow feed creators to monetize their efforts with advertising, sponsored posts, and subscriptions. In other words, Graze has […] © 2024 TechCrunch….
WeDoSolar pivots to B2B, after stake acquired by Chinese solar giant
[[{“value”:” Last year Wind and solar energy overtook fossil fuels to provide 30% of the EU’s electricity. With that in the background, startups in the solar space have been riding a generational change in how we get our power. In 2022 we covered how a small B2C European startup planned to bring solar to homes via […] © 2024 TechCrunch….
AI startup Perplexity sued for alleged trademark infringement
[[{“value”:” Perplexity, the venture-backed startup building AI-powered search products, has been sued in federal court for allegedly violating another company’s trademark. In a complaint filed Thursday in the U.S. District Court for the Northern District of California, attorneys representing a company called Perplexity Solved Solutions accuse Perplexity of infringing on its trademark rights by using the […] © 2024 TechCrunch….